About Faith for Fair Lending

Texas Faith for Fair Lending is a grassroots effort by people of faith to change payday and auto title lending practices in Texas.

Currently, almost all payday and auto title lenders operate in a loophole in state law that sets no limits on the rates and fees they can charge Texans on small dollar, short term loans. It is common for the rates and fees charged to be the equivalent of 500% APR. These high cost loans are hurting Texas families. They are immoral, unethical and in direct contradiction of the religious values that most Texans hold.

Individuals, congregations, and other groups of faithful Texans are joining together as Texas Faith for Fair Lending to urge the State Legislature to close this loophole. We demand these lenders operate within the Texas Finance Code and stop taking advantage of our neighbors.